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By signing this form, you are giving consent to have your consumer/credit reports furnished by consumer reporting agencies as part of an investigation to determine your suitability or fitness for federal employment or fitness to perform work under a contract.
Legally speaking, a person or organization can check your credit only under certain circumstances. Someone either needs to have what's called ?permissible purpose? or have your permission and cooperation in the process for the credit check to be considered legal.
A compliant FCRA authorization form is an acknowledgement that a pre-employment background check will be conducted. It can be presented as a self-contained document or jointly with an FCRA disclosure form.
Before a financier, landlord, or any party would like to perform a credit check on an individual, it's required, under the Fair Credit Reporting Act, that the individual gives consent before their credit is searched.
Information provided by you on this form will be furnished to the consumer reporting agency in order to obtain information in connection with an investigation to determine your (1) fitness for Federal employment, (2) clearance to perform contractual service for the Federal Government, and/or (3) security clearance or ...
Updated September 18, 2023. A credit report authorization form is a document used to give permission to an individual or organization to perform a credit report only. This form provides broad language that allows a credit report to be generated for any type of legal reason.